Unit 1 Business and the Business Environment Case Study

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The Concept about the business and business environment describes about the all kinds of forces and factors. These are related to both external and internal aspects which are related to the shape, affect and influence as well. This also includes the decisions, policies, operations and strategies which can comprise the business environment. The sub- sector organizations, JD sports offers the wide range of the sports fashion and also have the global recognition such as Puma, Nike, North face and much more. The report will shed light on the introduction to the sub sectors and the different types of organizations within the industry. The report will delve into the chosen sub- sector organization with its size and scope. The reports will emphasis on the JD sports by making use of the visual mapping.

1. Introduction to sub sector and different kinds of organization

The subsectors are a kind of area of the activity related to the economy which forms the part of large sectors. A big company can dominate for the supermarket and sub sector. The subsector is known as growing one with the recognition. The subsector has three different types which are public, private and voluntary. These are the main parts of the sub sector and these three has different kinds of organizations in the different sectors.

The different kind of types of organization in the industry

Public:  The public sector means the business which is managed and own by the government. These kinds of organization can be the wholly or partly owned by the state or central government with the at least 51% equity stake. For example, culture and sport Glasgow, This is the mix of the Scottish traditional culture with the outside and contemporary from the grown young generation of the international workforce and students (Jane 2019).

Size growth:  The size growth of the organization is including the market growth on the international level and helping in attracting the community.

Growth of international market:  The organisation is expanding on the international level and it has market growth in the international level by expanding the sports tourism.

Private: The private sector is considered as part of the economic system of the country which can be run by the organizations and individuals apart from the government entity (Restore Plc., 2023). The number of organization which is private can have intention gaining profit. For example, restore plc. Which is located in the Uk, The organization is AIM- listed services of the organization which provides the services to workplaces and offices via Britain, mainland and Northern.

Size growth:  Expanding the services and offerings.

Growth of international market: The international market of organization seeking the new opportunities in the other countries.

Voluntary: The voluntary sector is a crucial part of the society and the individuals or company which is driven by the political power or profit (Newman et.al, 2020). These are motivated by the positive aspect in the world or community such as NGOs, charities and social enterprises. For the example, Childline in the UK, this supports the young people and children since 35 years and the service gives the voice to the young people and children when no one is listening.

Size growth:  The organization’s network is far reaching and growing on the continuous bases.

Growth of international market: The organization has connection in the international market, the organization collaborate on the international level. In the near future it will expand on the international level as well.

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2. Overview of JD Sports: Mission, Vision & Brand Strategy

The selected organization for the sub sector is JD sports, this is the retailer brand provides the multichannel retailer, sports fashion and casual wear. The organization is the British sports fashion retailer organization which is located in Bury, England. This organization has been listed in the London stock exchange (JD sports, 2023). The organization has been established in the year 1981, by the David Makin and John Wardle. This starts from the single shop in the Bury, in the Greater Manchester. The organization has opened the store in the 1983, in Arndale centre.

Products: the organization is offering the sports fashion which is multichannel brand in the casual wear. The organization is offering wide range of sportswear and recognise as brand like Puma, Nike and Adidas with the strong labels such as pink soda and demand and supply to offer an elevated the experience of the customers. The organization has the website which promotes the products and shares the offers to the previous customers via emails. The organization

Mission: The organization seeks to inspire the new and emerging generation which is global minded consumers via the joining to the universal culture of music, culture, fashion, sport. The main mission of the continuously set of the standard of the global for experience via the best operations in the expriences of the customers and unique style of the delivery (JD sports, 2023).

Vision: The organization believe in the extending the competitive spirit and entrepreneurial to make finance performance to make the world as better place. The organization strives to do the exact and right thing for the customer, communities and colleagues.

Business objective: The organization Aims to provide the revenue growth which is double digit and operate on the margin for coming five years for reach out the market which is double digit and share in the regions (SHIKVERDIEV et.al, 2019). In the Uk the organization is looking for the accelerate the stores and grow the apparel.

Legal structure: The legal laws make sure about the JD group which can lead in the manner to protect the interest which long term and shareholder’s interest, with the interest and balance of the stakeholders. This also includes the supplier and employees which promotes principles of the Uk government Code in 2018, this has been issues by the FRC (Financial reporting Council).

Stakeholders: The Organization has been listed in the London stock exchange which constituent of the FTSE 100 index. The main shareholder of the organization is Pent land Group which owns the 55% of the company (JD SPORTS FASHION PLC, 2023).

3. Visual Analysis of How Departments Align to Goals

Interrelationships of the organization’s internal department

Finance department: The department of finance control the expenditure and income of the JD sports and make sure about the effective business without having any disruption. Due to the strong finance it helps in decision making in strategic aspects. This department can face some challenges which are related to the immediate market changes.

Marketing department: This department plays a crucial role in the endorsing the mission of the JD sports (Cyphert et.al, 2019). This helps in reach out the consumers, community and investors to create a brand image. On the other, this department can face the issues related to the over budget.

Operational department: This department is focus on the critical function in the company which oversees and manage the daily process in the JD sports. This makes sure about the operations of the organization and work effectively and efficiently with the business objectives. On the different hand, extra operations can’t meet the market trends.

Human resources department: The department has 5 duties which are training and development, work place safety, talent management, compensation and compliances. On the other hand, this department can face the issues with the allocating resources.

Interrelationships

The organization has the Hierarchical structure; this provides the decisions which are made the top leaders and implemented to the employees. The departments work together to meet the goals of the organization. Finance department can collaboratively work with the HR department to make the decision for the different objectives. The department can collaboratively work with each other and can resolve the issues which are occurring in the organization. The department can work together for sharing the resources which can reduce the challenges. On the other hand if the department work together it can create conflicts between them and hinder the risks and challenges. These can create burden in each department and increase the risk within the JD sports.

Unit 1 Business and the Business Environment Case Study

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Figure 1Hierarchical Structure

CONCUSION

By concluding the report it delves into the Subsector and its different types of organizations. There are three kinds of organization such as public, private and voluntary which are the different from each other. The public sector is about the public sector is related to the level of the government controlled and government enterprises. On the other hand, this sector has lack of productivity, efficiency and comes with the overruns. The private sector is about the country’s economy and which is run by the individuals and government. On the different hand, this has lack of security of the job. This voluntary sector, primary purpose is to make impact on the profit, on the contrary hand this sector doesn’t pay to their staff members.

References

Books and journals

• Cyphert, D., Holke-Farnam, C., Dodge, E.N., Lee, W.E. and Rosol, S., 2019. Communication activities in the 21st century business environment. Business and Professional Communication Quarterly, 82(2), pp.169-201.
• Jane, B., 2019. Business in Context: An Introduction to Business an its Environment. Cengage Learning, Inc.
• Newman, C., Rand, J., Tarp, F. and Trifkovic, N., 2020. Corporate social responsibility in a competitive business environment. The Journal of Development Studies, 56(8), pp.1455-1472.
• SHIKVERDIEV, A.P., OGANEZOVA, N.A., MAZUR, V.V., OBREZKOV, N.I. and ICHETKINA, M.A., 2019. Development of regional competitiveness as a factor in creating a favorable business environment. Revista Espacios, 40(28).
• Online
• JD SPORTS FASHION PLC, 2023. Online. Available through <https://www.marketscreener.com/quote/stock/JD-SPORTS-FASHION-PLC-16860081/company/>
• JD sports, 2023. Online. Available through <https://www.global.jdsports.com/>
• Restore Plc., 2023. Online. Available through <restore plc.>
• 7 Types of Organizational Structures (Organizational Chart Types) for Different Scenarios, 2023. Online. Available through <https://creately.com/blog/diagrams/types-of-organizational-charts/>